The number of bankruptcies in Ireland increased last year, according to the Insolvency Service of Ireland (ISI)s latest annual report. According to the report, there were 479 bankruptcies in 2015 up seven per cent from 448 in 2014. There was also a massive increase in the number of people who were returned to solvency thanks…
NDP administrators have told unsecured creditors they could expect as little as five cents in the dollar, under a deed of company arrangement (DOCA). NDP CREDITORS: NDP’s unsecured creditors include dairy farmers Alex Robertson, Donna Edge and Fiona Plant. In a letter to unsecured creditors, joint and several administrators Salvatore Algeri and Glen Kanvesky said…
A Manchester-based company that operated a business rates mitigation scheme for clients has finally been wound-up after it withdrew an appeal to close the business in the public interest. The High Court in Manchester ordered the winding up of PAG Management Services Ltd on 9 October 2015 after it was found to have operated a…
The High Court in Manchester originally ordered the winding up of PAG Management Services Ltd in 2015, but the order was suspended pending an appeal lodged by the company. This has now been formally dismissed at the companys request. Two associated companies, complicit in the operation of the scheme, Ashburton Solutions Ltd and Beacon Property…
Former Billabong boss Matthew Perrin said he regularly signed legal documents with his ex-wife’s name. (Source: AAP) Fallen Billabong boss Matthew Perrin has accused his ex-wife of making him sign a fabricated confession when he was “contemplating suicide”. The former CEO is on trial in the Brisbane District Court for fraud and forgery after he…
Share this: The manner in which the law is currently being implemented seems to focus more on expeditious operationalisation rather than effective implementation. The Bombay Stock Exchange (BSE) building is illuminated during a special muhurat trading session for Diwali, the festival of lights, in Mumbai, India, November 11, 2015. Credit: Shailesh Andrade/Reuters/Files The Insolvency and…
Former Billabong boss Matthew Perrin has accused his ex-wife of fabricating a confession and making him sign it when he was “contemplating suicide”. The former CEO is on trial in Brisbane District Court for fraud and forgery after he allegedly faked signatures on bank documents in 2008. Play Video Don’t Play Market calls: what was…
Matthew Perrin wept in court as he confessed to faking his ex-wife’s signature in $13.5m fraud. Former Billabong boss Matthew Perrin arrives at the District Court in Brisbane on Wednesday. Picture: Dan Peled/AAP FORMER Billabong boss Matthew Perrin has admitted he regularly signed his wifes name on legal documents. The former CEO is on trial…
Former Billabong boss Matthew Perrin has accused his ex-wife of fabricating a confession and making him sign it when he was “contemplating suicide”. The former CEO is on trial in Brisbane District Court for fraud and forgery after he allegedly faked signatures on bank documents in 2008. Play Video Don’t Play Unexpected employment result Play…
Some 499 people were declared bankrupt in 2015 – a 760pc rise on just two years previously. The figures were contained in the Insolvency Service of Ireland (ISI) annual report, which was laid before the Oireachtas yesterday. The Irish Mortgage Holders Organisation said it believed at least 80pc of the bankruptcy cases would have involved…